Home / Advanced Materials / Carbon Fiber Reinforced Plastic (CFRP) Market By Manufacturing Process (Prepreg Layup, Pultrusion & Winding, Wet Lamination And Infusion, Press And Injection), By Application (Aerospace, Automotive, Energy, Sporting Equipment, Construction) - Growth, Future Prospects And Competitive Analysis, 2017 – 2025

Carbon Fiber Reinforced Plastic (CFRP) Market By Manufacturing Process (Prepreg Layup, Pultrusion & Winding, Wet Lamination And Infusion, Press And Injection), By Application (Aerospace, Automotive, Energy, Sporting Equipment, Construction) - Growth, Future Prospects And Competitive Analysis, 2017 – 2025

Published: Sep 2017 | Report Code: 58712-09-17

The global carbon fiber reinforced plastic market was valued at US$ 32.21 billion in 2016. Carbon fiber reinforced plastic market is mainly driven by the increasing demand from developing economies coupled with environmental regulations towards energy efficient & environmentally friendly products. The carbon fiber reinforced plastic market has been segmented on the basis of manufacturing process, application, and region.

In terms of manufacturing process, prepreg layup process accounted for approximately 40% market share in year 2016 of the global market in terms of revenue and is projected to maintain its dominance throughout the forecast period 2017 to 2025. However, pultrusion and winding process is anticipated to be the fastest growing segment with CAGR of around 9.7% during the forecast period 2017 to 2025.

In terms of application, energy segment accounted for the largest share in terms of value. It is also projected to grow at the fastest CAGR of 10.7% during the forecast period of 2017 to 2025. Due to its high strength to weight ratio (much higher than most metals), CFRP is being preferred by the players present in the offshore drilling in the oil and gas industry. The light weight property of carbon fiber composites is also a big driving factor in energy sector, especially in fuel cells and high pressure vessels areas.

In 2016, the carbon fiber reinforced plastic market by region was dominated by North America accounting for approximately 35% of the market share. North America was followed by the Asia Pacific and Europe. The U.S. is the largest national market for carbon fiber reinforced plastic in North American region, due to huge demand of CFRP composite in U.S. from the aviation industry. Whereas, Asia Pacific is the fastest growing market during the forecasted period.

Major players operating in the market are Toray Industries Inc. (Japan), Teijin Limited (Japan), Mitsubishi Rayon Co. Ltd. (Japan), SGL-Group (Germany), Formosa Plastics Corporation (Taiwan), and Hexcel Corporation (U.S.) among others.

Carbon Fiber Reinforced Plastic (CFRP) Market

The report titled “Carbon Fiber Reinforced Plastic Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global carbon fiber reinforced plastic market along with the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on resin type, type, end-use industry and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading carbon fiber reinforced plastic manufacturers, along with their, product portfolio and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the carbon fiber reinforced plastic industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global carbon fiber reinforced plastic market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot
2.2. Global Carbon Fiber Reinforced Plastic Market, by Manufacturing Process, 2016
2.3. Global Carbon Fiber Reinforced Plastic Market, by Application, 2016
2.4. Global Carbon Fiber Reinforced Plastic Market, by Region, 2016
2.5. Global Carbon Fiber Reinforced Plastic Market: Premium Insight
2.5.1. Attractive Market Opportunities in the Carbon Fiber Reinforced Plastic Market
2.5.2. Global Carbon Fiber Reinforced Plastic Market: Developed vs. Developing Economy
2.5.3. Global Carbon Fiber Reinforced Plastic Market: Asia Pacific Market Analysis
2.5.4. Global Carbon Fiber Reinforced Plastic Market: Regional Life Cycle Analysis

3. Global Carbon Fiber Reinforced Plastic Market: Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Future Prospects
3.3. Attractive Investment Proposition, by Geography
3.4. Porter’s analysis
3.4.1. Supplier power
3.4.2. Buyer power
3.4.3. Threat of substitutes
3.4.4. Threat of new entrants
3.4.5. Industry rivalry
3.5. Value Chain Analysis

4. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 -2025
4.1. Overview
4.1.1. Market Share Analysis, by Manufacturing Process, 2016 vs 2025 (Value %)
4.1.2. Attractive Investment Proposition, by Manufacturing Process
4.2. Prepreg Layup
4.3. Pultrusion & Winding
4.4. Wet Lamination and Infusion
4.5. Press and Injection
4.6. Others

5. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 -2025
5.1. Overview
5.1.1. Market Share Analysis, by Application, 2016 vs 2025 (Value %)
5.1.2. Attractive Investment Proposition, by Application
5.2. Aerospace
5.3. Automotive
5.4. Energy
5.5. Sporting Equipment
5.6. Construction
5.7. Others

6. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Geography, 2016 -2025
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2025
6.2. North America
6.2.1. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.2.2. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.2.3. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 - 2025
6.2.3.1. U.S.
6.2.3.1.1. U.S. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.2.3.1.2. U.S. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.2.3.2. Canada
6.2.3.2.1. Canada Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.2.3.2.2. Canada Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3. Europe
6.3.1. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.2. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Region, 2016 - 2025
6.3.3.1. Germany
6.3.3.1.1. Germany Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.1.2. Germany Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.2. France
6.3.3.2.1. France Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.2.2. France Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.3. U.K.
6.3.3.3.1. U.K. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.3.2. U.K. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.4. Spain
6.3.3.4.1. Spain Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.4.2. Spain Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.5. Italy
6.3.3.5.1. Italy Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.6. Italy Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.7. Russia
6.3.3.7.1. Russia Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.8. Russia Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.3.3.9. Rest of Europe
6.3.3.9.1. Rest of Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.3.3.9.2. Rest of Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.4. Asia Pacific
6.4.1. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.4.2. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.4.3. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 - 2025
6.4.3.1. China
6.4.3.1.1. China Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.4.3.1.2. China Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.4.3.2. India
6.4.3.2.1. India Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.4.3.2.2. India Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.4.3.3. Japan
6.4.3.3.1. Japan Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.4.3.3.2. Japan Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.4.3.4. Rest of Asia Pacific
6.4.3.4.1. Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.4.3.4.2. Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.5. Latin America (LATAM)
6.5.1. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.5.2. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.5.3. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 - 2025
6.5.3.1. Brazil
6.5.3.1.1. Brazil Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.5.3.1.2. Brazil Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.5.3.2. Mexico
6.5.3.2.1. Mexico Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.5.3.2.2. Mexico Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.5.3.3. Rest of Latin America
6.5.3.3.1. Rest of Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.5.3.3.2. Rest of Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.6. Middle East and Africa (MEA)
6.6.1. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.6.2. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.6.3. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Region, 2016 - 2025
6.6.3.1. GCC
6.6.3.1.1. GCC Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.6.3.1.2. GCC Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025
6.6.3.2. Rest of MEA
6.6.3.2.1. Rest of MEA Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 - 2025
6.6.3.2.2. Rest of MEA Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 - 2025

7. Profiles
7.1. Competitive Dashboard
7.2. Toray Industries Inc.
7.2.1. Business Description
7.2.2. Financial Information (Subject to data availability)
7.2.3. Product Portfolio
7.2.4. Business Strategy
7.3. Teijin Limited
7.4. Mitsubishi Chemical Holdings Corporation
7.5. SGL Group
7.6. Formosa Plastics Corporation
7.7. Hexcel Corporation
7.8. Hyosung
7.9. Tencate
7.10. Cytec Solvay Group
7.11. Other Notable Players

List Of Table :

TABLE 1 Market Snapshot: Global Carbon Fiber Reinforced Plastic Market Volume & Revenue
TABLE 2 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 ( Tns(US$ Bn)
TABLE 3 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 4 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 5 U.S. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 6 U.S. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 7 Canada Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 8 Canada Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 9 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 10 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 11 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 12 Germany Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 13 Germany Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 14 France Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 15 France Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 16 U.K. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 17 U.K. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 18 Spain Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 19 Spain Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 20 Italy Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 21 Italy Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 22 Russia Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 23 Russia Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 24 Rest of Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 25 Rest of Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 26 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 27 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 28 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 29 China Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 30 China Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 31 India Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 32 India Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 33 Japan Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 34 Japan Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 35 Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 36 Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 37 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 38 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 39 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 40 Brazil Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 41 Brazil Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 42 Mexico Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 43 Mexico Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 44 Rest of Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 45 Rest of Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 46 Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 47 Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 48 Middle East and Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 49 GCC Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 50 GCC Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 51 Rest of Middle East Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 52 Rest of Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 53 Toray Industries Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 54 Teijin Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 55 Mitsubishi Chemical Holdings Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 56 SGL Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 57 Formosa Plastic Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 58 Hexcel Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 59 Hyosung: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 60 Tencate: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 61 Cytec Solvay Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)

List Of Figures :

FIG. 1 Global Carbon Fiber Reinforced Plastic Market: Research Methodology
FIG. 2 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Manufacturing Process, 2016
FIG. 3 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Application, 2016
FIG. 4 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Geography, 2016
FIG. 5 Attractive Market Opportunities in the Carbon Fiber Reinforced Plastic Market
FIG. 6 Global Carbon Fiber Reinforced Plastic Market: Developed vs. Developing Economy
FIG. 7 Global Carbon Fiber Reinforced Plastic Market: Asia Pacific Market Analysis
FIG. 8 Global Carbon Fiber Reinforced Plastic Market: Regional Life Cycle Analysis
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Key Positioning of Market Players
FIG. 11 Porter's Analysis
FIG. 12 Value Chain Analysis
FIG. 13 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Manufacturing Process, 2016 & 2025 (% Value)
FIG. 14 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Prepreg Layup, 2016 – 2025 (US$ Bn)
FIG. 15 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Pultrusion & Winding, 2016 – 2025 (US$ Bn)
FIG. 16 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Wet Lamination & Infusion, 2016 – 2025 (US$ Bn)
FIG. 17 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Press & Injection, 2016 – 2025 (US$ Bn)
FIG. 18 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Others, 2016 – 2025 (US$ Bn)
FIG. 19 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Applications, 2016 & 2025 (% Value)
FIG. 20 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Aerospace , 2016 – 2025 (US$ Bn)
FIG. 21 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Automotive, 2016 – 2025 (US$ Bn)
FIG. 22 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Energy, 2016 – 2025 (US$ Bn)
FIG. 23 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Sporting Equipment, 2016 – 2025 (US$ Bn)
FIG. 24 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Construction, 2016 – 2025 (US$ Bn)
FIG. 25 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Others, 2016 – 2025 (US$ Bn)
FIG. 26 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)

For the purpose of this study, the global carbon fiber reinforced plastic market by manufacturing process is categorized into:

  • Prepreg Layup
  • Pultrusion & Winding
  • Wet Lamination and Infusion
  • Press and Injection
  • Others

In 2016, on the basis of manufacturing process, the CRPF market was dominated by the prepreg layup process with the share of approximately 40% and will maintain its leading position through out the forecasted period. The prepreg layup process is used for production of aerospace grade CFRP products. Growth in the market is attributed to increasing aerospace, wind energy, and marine applications. This segment will be followed by Pultrusion & winding. Pultrusion & winding will see increase in its market share in coming years as it is expected to grow at the fastest CAGR of 9.7% between 2017 and 2025, owing to increasing demand for light weight cars and aircrafts, fuel efficiency and government legislations. Other manufacturing process includes electron beam curing and UV curing.

Carbon Fiber Reinforced Plastic (CFRP) Market

For the purpose of this study, the global carbon fiber reinforced plastic market by application is categorized into:

  • Aerospace
  • Automotive
  • Energy
  • Sporting Equipment
  • Construction
  • Others

The energy sector holds the largest market share in the carbon fiber reinforced plastics composites market, accounting for approximately 39% in 2017. Carbon fiber find its application in wind power, fuels cells, oil & gas and pressured vessels in energy industry. Aerospace sector is the second largest CFRP composites market. Aerospace sector is further segmented into submarkets such as commercial aircraft, military aircrafts, business jets and helicopters. The sporting equipment sector will account for 7% in 2017. Other major applications include Marine and other consumer applications.

Carbon Fiber Reinforced Plastic (CFRP) Market

On the basis of geography, the global carbon fiber reinforced plastic market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

North America was the largest market with a share of approximately 35%, in terms of value, of the global market in 2016; followed by Asia Pacific. North American composite market is mainly driven by the demand from the U.S. market which accounts for approximately 75% share of region’s market. Due to high demand for more fuel efficient and lightweight technologies, strict environmental regulations, growth in wind energy and resurgence of global automotive sector coupled with increasing demand from reviving economy of Western European countries, the demand for CFRP composites will grow, globally. Growth in emerging markets will also stimulate demand for CFRP composites as these economies are characterized by growing level of disposable income, rapid development of a middle class, rising level urbanization and changing life style.

Carbon Fiber Reinforced Plastic (CFRP) Market

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